The margin spread between packer losses and feedyard profits expands as wholesale beef prices continue their retreat. Pork producer profits continue increasing.
The economic environment of both the beef and pork industries has changed. Capacity utilization for both beef and pork has a significant impact on margins and the market impact goes beyond supply and demand.
Cattle feeding margins inched lower last week with rising costs. Packer margins improved but remain in triple digits as market-ready supplies remain tight. Pork producers turn a profit for the first time in 14 months.
John Deere announces the release of its new 326 P-Tier telescopic compact wheel loader. The new telescopic loader offers 16-plus feet of reach while still being compact enough to work in barns or other tight spaces.
The 2024 Top Producer Summit will feature industry-leading speakers on finance, innovative management practices, human resources, technology and succession planning.
Higher cattle prices and declining wholesale beef prices pushed packer margins further underwater last week. Pork producer margins inched into the black.
Charlie Besher, the chairman of NCBA’s Property Rights and Environmental Management Committee, told a U.S. House committee how predatory black vultures take a toll on cattle producers’ livestock and livelihoods.
Cattle industry leaders on Thursday (July 13) praised the introduction of a bipartisan congressional resolution recognizing the importance of commodity checkoff programs, including the Beef Checkoff.
U.S. House Agriculture's Subcommittee hearing on Wednesday provided an opportunity for animal agriculture stakeholders to detail their priorities they hope to achieve from lawmakers actions.
After Tyson Foods reports anemic first quarter sales and downgrades its forecast, The Wall Street Journal editors wrote, “This doesn’t look like an antitrust conspiracy or market oligopoly.”
The U.S. Supreme Court upheld California’s new humane-pork law, rejecting an industry challenge in a ruling strengthening the power of states to impose rules that have a broad economic impact on other states.
Misinformation and conspiracy theories regarding the use of mRNA vaccines in livestock continue, despite efforts of the scientific community, who emphasize, "mRNA from a vaccine will NOT be passed along in meat."
A 2023 economic impact study, which updated a study from 2017, found that livestock auction markets continue to be important for the growth and vitality of rural communities.
Drugs such as penicillin and some others routinely used to treat cattle, hogs and other food animals will be available only with a prescription from your veterinarian, starting June 12, 2023.
Although the hit series highlights the struggle of the Dutton ranch fighting to maintain a family legacy, a rather ironic story truth surfaces and an unfortunate reality hits home.
America’s cowboys think the tech giant could have Googled more accurate scientific information about beef’s sustainability and value to the environment.
Market leverage has shifted dramatically toward ranchers and cattle feeders over the past two months. The combination of rising cattle prices and declining wholesale beef prices has eroded historic packer margins.
A northwest Missouri man will serve two consecutive life sentences without possibility of parole after he pleaded guilty Friday to the 2019 murders of two Shawano County, Wisconsin, brothers.
The U.S. Department of Agriculture is proposing regulations to prevent meat companies from retaliating against livestock and poultry farmers who speak out on practices such as price-fixing.
The Justice Department says it has filed a memo in federal court with its recommended sentence for Washington rancher and cattle feeder Cody Easterday who pleaded guilty in a $244 million "ghost cattle" scheme.
Despite chatter about a global economic slowdown, U.S. beef exports remain on a torrid pace in 2022. Pork exports fell short of last year's record pace.
A new poll of global consumers suggests they’re not giving up beef burgers for environmental reasons, but the study itself maligns livestock production with faulty claims.
Gross incomes for both cattle and hog producers were up double digits from 2020 to 2021, according to a recent report from USDA's National Agricultural Statistics Service.
Both cattle and hog finishing estimated margins were positive last week despite rising feed costs across both enterprises. Cattle slaughter totals increased while hog processing numbers were near steady.
A controversial animal rights activist and former member of the Colorado State Board of Veterinary medicine has been charged with animal cruelty. The blatant hypocrisy is stunning.
A foreign leader addressing a joint session of Congress this week was a rarity. Not to be outdone, the partisan and often cantankerous members of the U.S. Senate passed legislation unanimously on a voice vote!
U.S. beef exports remained red-hot during January, a continuation of last year’s record-breaking performance. Pork exports continued to trend lower in January despite another outstanding month for exports to Mexico.
In an exclusive Drovers commentary, the president and CEO of the North American Meat Institute says despite popular arguments, America's cattle and beef industries are better without government intervention.
A federal appeals court has affirmed the dismissal of a lawsuit brought by cattle ranchers over the alleged mislabeling of beef as a “Product of the U.S.A.”
Beyond Meat is set to release quarterly financial reports likely showing growing sales and increasing losses. As one analyst put it, “it seems the more faux meat they sell the more faux money they make.”
Colorado ranchers say they are “under attack” by their governor after hiring a director of the Bureau of Animal Protection who has ties to Mercy for Animals and leads a project that promotes plant-based food choices.
U.S. beef exports exceeded $10 billion in sales, shattering the previous record by 27%. Pork exports finished slightly below the record volume reached in 2020 but set a new value record, topping $8 billion.
Plant-based chicken pluckers are not satisfied with a 1% market share, but they have the difficult task of convincing folks a concoction of pea protein, soy protein, flour, oils and sodium tastes just like chicken.
Iowa State University research seeks alternatives for saturated animal fats that retain the original products’ desirable qualities of taste, texture and appearance and offer more choices to health-conscious consumers.
Momentum continues to build for cattle feeders as closeouts saw average profits increasing during the final week of 2021. Farrow-to-finish hog operations continue with negative profit margins.
Economic advisors to the White House suggested Friday that America's large meat packers have used their market power to drive up consumer prices while underpaying farmers resulting in a huge jump in net profits.
November employment data was called disappointing despite the unemployment rate dropping slightly. Retaining workers has become difficult even as employers raised pay, which eventually gets passed along to consumers.
His warnings have gone largely unheeded, while wild pigs rapidly expand across Western Canada, with no nationally coordinated science-based containment strategy in place. For Brook, it’s a recipe for disaster.
Oetting Homestead Farms of Concordia, Missouri, located in Lafayette County, has been selected as the recipient of the 2021 Missouri Leopold Conservation Award®.
Animal protein prices will remain firm in 2022, says Rabobank, but significant challenges will remain and markets will be driven by the transition to more sustainable animal protein, biosecurity challenges and COVID.
Mahindra launches ROXOR off-road side-by-side, a rugged workhorse for farmers, ranchers, off-road enthusiasts and rural lifestyle customers. The redesigned ROXOR is "redefining the SXS category," the company says.